balloon floater Share definition Flag 3 meanings: 1: a balloon dildo with cum on it. 2:an asshole 3:a universal swear that nobody knows 1: ill throw a balloon floater at you! 2:your a balloon floater! 3:BALLOON FLOATER! balloon floater by god is a bidoof May 19, 2016 0 0 Get merch Get the balloon floater mug. Buy Now — $32.95 See more merch